Employment agencies currently providing recruitment of persons who are in possession of a valid licence may continue to perform such activities as authorised under their existing licence conditions until such existing licence expires. In such case, the application for a new licence must be submitted at least two months before the expiration of the licence or, if the licence expires earlier than two (2) months from the day of the entry into force of these regulations not later than one (1) month from the day of the entry into force of these regulations.